There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Baroda for its Shendra Ban branch in Aurangabad, Aurangabad, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Baroda situated in Aurangabad or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BARB0DBSHEN. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Shendra Ban, Aurangabad

The table below shows the main details of the IFSC Code BARB0DBSHEN for the Bank Of Baroda branch in Aurangabad, which falls under the Aurangabad district in Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DBSHEN
Branch Shendra Ban
City Aurangabad
District Aurangabad
State Maharashtra
Address Plot No D 25Shendra Midc5 Star Industrial Area Shendraaurangabad J Aurangabad Aurangabad Maharashtra 431201

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Aurangabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0DBSHEN for the Shendra Ban branch of Bank Of Baroda is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0DBSHEN is given to every bank branch, including Bank Of Baroda located in Shendra Ban, Aurangabad, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Baroda branch in Aurangabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Aurangabad and Aurangabad.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Shendra Ban doesn't end up at another location.

Format of the IFSC Code BARB0DBSHEN

The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shendra Ban in Aurangabad.

For example, the IFSC Code BARB0DBSHEN of Bank Of Baroda for the Shendra Ban branch has these elements, identifying the bank and the branch location in Aurangabad and Maharashtra correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are looking for the IFSC Code BARB0DBSHEN of Bank Of Baroda for its Shendra Ban branch located in Aurangabad, the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of Baroda branches in Aurangabad and Aurangabad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of Baroda and look for the branch locator section, then search for Shendra Ban or Aurangabad to get the exact IFSC Code BARB0DBSHEN.

Mobile Banking App

If you use Bank Of Baroda's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Baroda and Aurangabad, then it will provide you proper information.

How to Use IFSC Code BARB0DBSHEN for Online Transfers?

Once you have the IFSC Code BARB0DBSHEN for the Shendra Ban branch of Bank Of Baroda in Aurangabad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0DBSHEN. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of Baroda IFSC Code BARB0DBSHEN.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Baroda Shendra Ban in Aurangabad, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Baroda in Shendra Ban, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of Baroda website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Aurangabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Shendra Ban, Aurangabad?

The IFSC Code is BARB0DBSHEN.

Is the IFSC Code BARB0DBSHEN permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Shendra Ban?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Shendra Ban branch?

The address of the branch is Plot No D 25Shendra Midc5 Star Industrial Area Shendraaurangabad J Aurangabad Aurangabad Maharashtra 431201 located in Aurangabad, Aurangabad, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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